Credit card payment after balance transfer

SR1
SR1 Posts: 147 Forumite
Hi, quick question
I recieved my bill dated 8th jan for £1916
Did a balance transfer for 1900 on to new card
So payment recieved to card for £1900 14th jan
Spent £200 since,
Do I just pay the £16 this timeor do I have to clear the full balance to make sure I don't get charged interest.
I thought I read that balance transfer payment don't count towards minimum payments.

Comments

  • molerat
    molerat Posts: 34,296 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You only need to pay the £16 before the due date to avoid interest (assuming that the December statement was paid in full and the January statement had no interest charges on it)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.9K Banking & Borrowing
  • 252.7K Reduce Debt & Boost Income
  • 453.1K Spending & Discounts
  • 242.9K Work, Benefits & Business
  • 619.8K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.